Intel plunges in pre-market trading; on-chain major short seller adds to short position, with total position around $7.81 million.

October 30th, according to TradingBeats monitoring, US stock Intel (INTC) continued to decline in pre-market trading, plunging over 25%. The second-largest short position on the INTC chain increased its short position by approximately $1.93 million INTC, with a total position of about $7.81 million and current unrealized profit of approximately $1.68 million.

This whale is shorting with 10x leverage, with a liquidation price of $84.33. The initial position was opened on September 4th at an opening price of $93.08, and has been increased several times since then. It is currently the second-largest short position on INTC on Hyperliquid.